United Kingdom
Despite the dark Brexit cloud looming over the UK, the London financial technology scene continues to flourish and proves that it is a major hub in the exciting Fintech world. UK capital has witnessed a continuous uplift in venture funding by reaching $4.1 billion of investments in the Fintech sector across a total of 408 deals in 2020.
London as a fintech hub currently ranked 2nd in the world in terms of venture capital invested behind the United States. From a European perspective, the UK is leading in investments into Fintech start-ups followed by Germany, Sweden, France, and Switzerland.
The digital revolution marches on in the UK where we have witnessed several spectacular examples in the past three years.
Several big banks recognized the significance of disruptive technologies and innovative solutions and are offering accelerator programs and incubation hubs to stay ahead of the digital disruption happening in the financial services sector.
Moreover the UK’s attitude to financial regulation is refreshingly progressive.
These facts demonstrate that London and more broadly the UK is going from strength to strength as a global hub for financial technology, innovation and creativity and with London’s openness and diversity coupled with international talent pool it will continue to maintain and firmly secure it’s global position in the future.
COMMUNITY PARTNER
Elena Kozhemyakina
A Fintech Entrepreneur and Fintech Connector UK Community Partner, Elena built her career working within the Hedge Fund industry and Investment Banking.
Currently, Elena is running the FinTech Connector Initiative in the UK and is a FinTech enterprise founder - Fintech4Funds which is focused on bringing two worlds of Fintech and Buy-Side Industry together.
Elena has an MBA in strategic marketing from Hull University, UK. She is a certified MIFID II professional and Investment Management practitioner.
She also completed the Oxford Said Business School FinTech program and is Certified in Python for Data Science.